Ethereum ETH is looking strong while it holds the $2,500 support zone on its consolidation around $2,523 after a bullish reversal from the $2,450 area. The cryptocurrency has even managed to recapture the mid-Bollinger Band. Several signs today indicate a major move in that direction is imminent. Ethereum is currently...
Ethereum, the second-largest cryptocurrency by market cap, is at a turning point. Recent price action, in addition to on-chain metrics and prevailing market sentiment make for a very interesting situation. This volatility has investors and traders alike speculating whether a major breakout or a painful breakdown is just around the...
The world of crypto is rarely straightforward. Miles O’Connor, seasoned crypto analyst and voice of BlockOpulent.com, dives deep into a perplexing trend: ETH exchange-traded fund (ETF) inflows are surging, yet the price isn't mirroring that enthusiasm. What gives? It's a question that demands a nuanced understanding of Ethereum's unique ecosystem,...
Ethereum chalked up a significant comeback, overcoming the $2,800 resistance level which it has been struggling to overcome for months. This most recent increase represents a critical breakthrough for the cryptocurrency. It commanded a 10% market share for the first time since 2020. This shows a strong emerging trend for...
Bitcoin (BTC) is going through a tough time right now, facing ongoing resistance at the $85,000 mark. The cryptocurrency has been on a bearish trend, failing to regain bullish momentum. A few weeks of price action later and we’re looking at the possibility of a bearish retest to lower support...
Ethereum (ETH) is showing surprising strength, up 2% on Monday. Yet, it now stands at a new test as the SEC delays its verdict on allowing staking in spot Ether ETFs. The price is getting close to a major descending trendline resistance, and analysts are expecting it to receive a...
